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Politics : Gold and Silver Stocks and Related Commentary

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From: Threshold10/25/2005 5:06:01 AM
   of 18308
 
You just can't make up stuff this funny...

biz.yahoo.com

"Bernanke's nomination helped soothe a market that has grown increasingly nervous in recent weeks as record energy prices and inflation threaten to clamp down on consumer spending and economic growth. The announcement removes much uncertainty that would have worsened if there were a prolonged period of questions about the future Fed chair, said Lynn Reaser, chief economist for Bank of America's investment strategies group.

"He's likely to continue to enhance the Fed's move toward greater transparency," Reaser said. "One change might be his advocacy of an explicit inflation target. But it should help credibility and confidence."

A new definition for the word "blather". Bernanke = PrepH. LOL. Very soothing.
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